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Article: Colony Capital Completes Recapitalization of Meadowlands Xanadu Project.(Company overview)
- Article from:
- Business Wire
- Article date:
- November 22, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Leads $1.5 Billion in Additional Financing to Complete the Development of Premier Entertainment Property
Six Anchor Tenants Signed for 500,000 Square Feet; Construction Firms in Place
LOS ANGELES -- Colony Capital Acquisitions, LLC, a special purpose subsidiary of Colony Capital, announced today that it has completed the previously announced recapitalization of the Meadowlands Xanadu[TM], a unique sports, leisure, shopping and family entertainment destination development project with 2.2 million square feet of entertainment and retail space to be built in northern New Jersey. Under the agreement, Colony will lead the $1.5 billion additional financing ...